Friday, August 12, 2022

Latest

ADIA to invest Rs 665 cr in Aditya Birla Health Insurance for 9.99% stake

0
The boards of Aditya Birla Capital and Aditya Birla Health Insurance have approved a proposal of capital infusion to the tune of Rs 665 crore in the later from a subsidiary of Abu Dhabi Investment Authority...

Jet Airways sees over two-fold rise in standalone net loss to Rs 390 crore

0
Jet Airways reported net loss of Rs 390 crore for Q1FY23 as compared to Rs 129 crore in the year ago period. The full service carrier's revenue from operations declined 83% to Rs 12.53 crore for...

Department of Telecom extends spectrum payment date to August 17

0
The Department of Telecom has extended the due date to August 17 for entities to make the payment for the spectrum acquired by them in the recently-concluded auctions. The due date has been extended by a day...

Adani Group plans to invest Rs 57,575 crore in two Odisha projects

0
The Adani Group is planning to invest Rs 57,575 crore in Odisha with the state government approving its proposal to set up two projects — a 4 million metric tonnes per annum (MMTPA) Integrated alumina refinery and a...

Paytm Q1 results: Net loss increases to ₹644 crore, revenue rises 89%

0
Digital financial services firm One97 Communications, which operates under the Paytm brand, on Friday said its consolidated loss widened to Rs 644.4 crore in the first quarter ended June 30. The company had recorded a net loss...

Key highlights from RBI monetary policy

0
Following are the highlights of the RBI's fourth monetary policy review of fiscal year 2022-23 announced by Governor Shaktikanta Das: (adsbygoogle = window.adsbygoogle || ).push({}); Key short-term lending rate (repo) raised by 50 basis points (bps)...

RBI MPC meet starts today likely to increase Repo Rate

0
The three-day Monetary Policy Committee (MPC) meeting is scheduled to start on August 3 with the RBI governor Shaktikanta Das and other MPC members present. On August 5, the MPC's decision on the bimonthly...

5G spectrum auction ends; total bids at over ₹1.5 lakh crore

0
India's first-ever auction for 5G spectrum concluded today, with spectrum worth ₹1,50,173 crore being sold. Reports said billionaire Mukesh Ambani's Jio emerged as the top bidder to consolidate its leadership position. Monday marked the seventh day...

Zomato shareholder seeks up to $420m from block deal

0
AN undisclosed shareholder of India's Zomato is seeking to raise as much as US$420 million through a block sale, according to terms of the deal seen by Bloomberg News. The holder is offering 612 million...

SpiceJet: DGCA receives de-registration request for Boeing 737-800 aircraft

0
SpiceJet’s lessor, Alterna Aircraft Ltd, located in Ireland, has urged the Directorate General of Civil Aviation (DGCA) to de-register its aircraft. In its Monday appeal to India's aviation regulator, Alterna did not state why...

21 China Fighter Jets Enter Taiwan Air Defence Zone As Nancy Pelosi Visits

0
More than 20 Chinese military planes flew into Taiwan's air defence zone on Tuesday, officials in Taipei said, as US House Speaker Nancy Pelosi began her controversial visit to the self-ruled island that Beijing...

GST collection rises up to 28% year-on-year to Rs 1.49 lakh crore in July

0
India collected Rs 1.49 lakh crore as Goods and Services  Tax (GST) in July, posting an increase of 28 percent from the same month last year, the finance ministry said on August 1. Compared to...

Tata Steel stock split impact: Share price jumps over 9%, Nifty Metal index gains...

0
Tata Steel stock split: Tata Steel share price surged for the second day on Friday, jumping more than 9% to trade at Rs 109.30 apiece on the NSE. Tata Steel is also among the...

Reliance Capital bidders seek extension of deadline to submit resolution plan

0
The deadline for the submission of Resolution Plan for Reliance Capital (RCAP) is likely to be extended yet again as bidders seek more time to complete the due diligence process. According to sources, few bidders,...

HDFC Bank to raise ₹2.7 trillion for merger with HDFC

0
 HDFC Bank Ltd is likely to raise at least ₹2.2 trillion from public deposits and corporate bonds, and an additional ₹50,000 crore from similar papers to meet capital requirements and other pre-requisites stipulated by the regulator...
- Advertisement -

Recent Comments

close